(1) The mortgage loan originator continues to meet the minimum
standards for license issuance under section five of this article;

(2) The mortgage loan originator has satisfied the annual
continuing education requirements described in section nine of this
article; and

(3) The mortgage loan originator has paid all required fees
for renewal of the license.

(b) The license of a mortgage loan originator failing to
satisfy the minimum standards for license renewal shall expire.
The commissioner may adopt procedures for the reinstatement of
expired licenses consistent with the standards established by the
Nationwide Mortgage Licensing System and Registry.

Note: WV Code updated with legislation passed through the 2014 1st Special Session
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